Greek unemployment

Greece's unemployment rate climbed to 26 percent in the last quarter of 2012 from 24.8 percent in the previous three-month period, showing the depth of a continuing recession and how difficult the government's job will be to bring...

In a report that is already outdated, the European Commission has projected the Greek economy will contract 4.4 percent this year, the deficit reach 4.6 percent of Gross Domestic Product (GDP) – and that unemployment would reach 27 percent,...

Greece’s jobless rate hit a new record 27 percent in November, 2012 – some 61.7 percent for those under 25 – as statistics showed the economy shrank by 6 percent in the last quarter of the year, a double...

As Greek government officials insist that the worst of Greece’s economic crisis is coming to an end despite a sixth year of recession, the country’s unemployment rate soared to 26.8 percent in October, 2012, surpassing Spain, at 26.1 percent,...

Greece's record unemployment rate of 26.8 percent - more than 55 percent for those under 25 - is worrying enough, but the speed at which it is going up is adding to the anxiety. Registered unemployment grew 9.16 pct in...

With unemployment at a record high 26.8 percent - more than 55 percent for those under 25 - and the likelihood it could hit 28-30 percent in the next year, Greece's uneasy coalition government said it's going to reverse...

Greece's unemployment rate increased notably in the third quarter, data released by the Hellenic Statistical Authority showed Thursday. The unemployment rate increased to 24.8 percent in the third quarter from 23.6 percent in the second quarter. In the third quarter...

Nikos Chountis, a Member of the European Parliament for the far-leftist SYRIZA party, pressed European Commission officials why international lenders insisted on reducing unemployment benefits as part of austerity measures attached to bailouts. Commission officials told Chountis that Greece's unemployed...

While Prime Minister Antonis Samaras is waiting for international lenders to release a long-delayed $38.8 billion installment, new figures show the country's economy worsening in the third quarter of this year, with output shrinking 7.2 percent on an annual...

Greece's largest labor union has warned that the country's unemployment rate - now at 23.1 percent will reach 29% in 2013 if the government carries out more planned austerity measures that include $14.16 billion in cuts for 2013-14. "The course...